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Cryptocurrencies - bullshit -- Leo claims

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@nuwu

2 hours ago, nuwu said:

@Danioover9000 This is another valid concern, but there are limits how much overly self-centered organisms can grow before miners or validators are themselves considered complicit to their abuses and exposed to backlash.

PoW has to solve long-term ASIC manufacturing decentralisation, and security fee incentives (users strategically avoid loss to the common protection. Imagine a country where everyone is free to use any tax evading scheme, nobody would pay for its military).

   So basically, in simple terms, you are advocating for online communism? If you are, how would you protect this new system against groups that would coopt it like an authoritarian regime?

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